1150 Ferguson Street, North Bay, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Central. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $839,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 72 x 87 ft lot size
- equipped with no central cooling and highly efficient gas hot water heating
Description
This well-maintained and managed six-plex offers a prime investment opportunity in a central location. Featuring a balanced unit mix of three spacious two-bedroom units and three comfortable one-bedroom units, this property appeals to a wide range of tenants and ensures strong rental demand. Situated close to amenities, public transit, shopping, schools, and downtown services, tenants enjoy easy access to everything they need, making this a consistently attractive rental property. This property presents a solid income-generating opportunity, great CAP Rate, with stable tenancy potential in a central area. Whether you're expanding your portfolio or entering the multi-family market, this six-plex is a smart, turnkey investment.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1150 Ferguson Street, North Bay, ON P1B 1Y6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in North Bay, ON
For a property listed at $839,000 in North Bay, the legal minimum down payment is $58,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,255 for this transaction. As this listing is in North Bay (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,255.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.